Replies to post #88652 on Elite Pharmaceuticals Inc (ELTP)

[Couch]

The 8k in essence foreshadowing that Elite has a financial partner and that a PR is coming in relation to those I shares worth $39.5 million dollars that Elite will use for ART trials.....that is a good thing.....I'm not really concerned with what the market does in relation to this announcement.....I've seen Elite put out really good news and the old saying SELL the news gets put into play. Doesn't mean what the company PR'd wasn't a positive for the company. So by this logic....I'll stick to the logic that Elite has a financial partner PR coming. How the market responds to this 8K ....as mentioned, the market may move up, may move down....may say ho hum......but what Elite does with that $39.5 million dollars.....that is the "PR" that is coming out of this 8k.....

All IMO.

[Destiny Defined]

I'm sure there will be a bit of a sell off tomorrow morning, barring a huge PR. You know why??? Cause many people that own stocks, this one included, have no idea what they're doing. They trade on emotion, seldom understanding the actual facts. We'll see.

[NASDAQ2020]

It depends how many shareholders don't understand the 8-K. A 1;00pm PR would be nice.

[Aqua]

Not sure what will happen tomorrow and what investors perceptions of the 8k are. To me, the 8k takes a backseat compared to the tide of news in the earnings report and cc. Better to keep your emotions in check and think with an objective perspective. If investors sell, then they have every right to, but I have no problems to take advantage on any investors missteps and accumulate shares when the opportunity is there. Cheers!